PLBY Group Welcomes Gyorgy Gattyan to its Board of Directors

Core Insights - PLBY Group, Inc. has appointed Gyorgy Gattyan to its Board of Directors, expanding the board from five to seven members, currently comprising six directors with one vacant seat [1][2] - Mr. Gattyan's appointment follows a long-term license agreement with Byborg Enterprises S.A., which he controls, and a $22.35 million investment in PLBY Group by a Byborg affiliate, along with another pending investment of$25.44 million subject to stockholder approval [2][3] - Mr. Gattyan brings over 10 years of experience as an entrepreneur and digital technology executive, which aligns with PLBY Group's strategy to pursue a digital-focused, asset-light business model [3] Company Overview - PLBY Group, Inc. is a global pleasure and leisure company, known for its flagship brand Playboy, which operates in approximately 180 countries [4] - The company's mission is to create a culture where all people can pursue pleasure, building on over 70 years of media and hospitality experiences [4]